Alpine Income Property Trust (NYSE:PINE) Director Andrew Richardson Sells 3,000 Shares

Posted by Francis Steltz on May 11th, 2026

Alpine Income Property Trust, Inc. (NYSE:PINE – Get Free Report) Director Andrew Richardson sold 3,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $19.35, for a total transaction of $58,050.00. Following the sale, the director directly owned 14,376 shares of the company’s stock, valued at $278,175.60. This represents a 17.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Alpine Income Property Trust Trading Down 1.0%

Shares of NYSE PINE traded down $0.20 during trading on Monday, hitting $19.16. 148,655 shares of the company traded hands, compared to its average volume of 180,299. Alpine Income Property Trust, Inc. has a 1 year low of $13.10 and a 1 year high of $20.80. The company has a 50-day moving average price of $19.07 and a 200-day moving average price of $17.76. The firm has a market capitalization of $316.69 million, a P/E ratio of -212.91, a P/E/G ratio of 1.29 and a beta of 0.56. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 1.08.

Alpine Income Property Trust (NYSE:PINE – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02). Alpine Income Property Trust had a net margin of 1.09% and a return on equity of 0.25%. The company had revenue of $18.41 million for the quarter, compared to analysts’ expectations of $17.62 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. On average, equities analysts predict that Alpine Income Property Trust, Inc. will post 2.15 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on PINE. Raymond James Financial raised shares of Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 price target for the company in a research report on Tuesday, March 17th. Wall Street Zen raised shares of Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Truist Financial upped their price target on shares of Alpine Income Property Trust from $18.00 to $21.00 and gave the stock a “hold” rating in a research report on Wednesday, February 18th. Cantor Fitzgerald raised shares of Alpine Income Property Trust to a “strong-buy” rating in a research report on Wednesday, February 4th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Alpine Income Property Trust in a research report on Tuesday, April 28th. Three research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $20.36.

Read Our Latest Stock Report on Alpine Income Property Trust

Institutional Trading of Alpine Income Property Trust

A number of institutional investors have recently added to or reduced their stakes in the business. Sound Income Strategies LLC boosted its position in Alpine Income Property Trust by 8.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,216,494 shares of the company’s stock valued at $21,349,000 after buying an additional 90,320 shares during the last quarter. Vanguard Group Inc. boosted its position in Alpine Income Property Trust by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 772,504 shares of the company’s stock valued at $10,946,000 after buying an additional 5,681 shares during the last quarter. Heartland Advisors Inc. boosted its position in Alpine Income Property Trust by 25.1% in the 3rd quarter. Heartland Advisors Inc. now owns 692,400 shares of the company’s stock valued at $9,811,000 after buying an additional 138,770 shares during the last quarter. Invesco Ltd. boosted its position in Alpine Income Property Trust by 1,344.2% in the 4th quarter. Invesco Ltd. now owns 441,935 shares of the company’s stock valued at $7,389,000 after buying an additional 411,334 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Alpine Income Property Trust by 5.8% in the 2nd quarter. Geode Capital Management LLC now owns 327,734 shares of the company’s stock valued at $4,822,000 after buying an additional 17,947 shares during the last quarter. 60.50% of the stock is owned by hedge funds and other institutional investors.

Alpine Income Property Trust Company Profile

(Get Free Report)

Alpine Income Property Trust, Inc is a publicly traded real estate investment trust that specializes in acquiring, owning and managing single-tenant net lease properties. The company focuses on sale-leaseback and build-to-suit transactions with food and beverage companies, targeting facilities that support production, distribution and processing operations. By structuring long-term, triple-net leases, Alpine Income Property Trust seeks to deliver stable, predictable cash flow while allowing tenants to unlock capital from real estate assets and reinvest in their core businesses.

The company’s portfolio is diversified across multiple U.S.